Crypto.com gets Dubai’s VASP license while Cronos (CRO) returns to $0.08

Crypto.com gets Dubai’s VASP license while Cronos (CRO) returns to $0.08

Crypto.com announced that it has obtained a virtual asset service provider (VASP) license in Dubai. As the crypto-exchange announces its CRO entity DAX Middle East FZE, Cronos (CRO) returns to $0.08.
Crypto.com gets Dubai virtual asset service provider license
The crypto-exchange sponsor of the 2022 FIFA World Cup in Qatar, Crypto.com, announced that it has obtained its VASP license, namely as a virtual asset service provider, in Dubai.

https://t.co/vCNztATkNg is proud to announce that we have been granted a Virtual Asset Service Provider Licence pending operational approval from Dubai’s Virtual Assets Regulatory Authority, building on our position in the #UAE market.
Learn more:https://t.co/0anXDLsxTv pic.twitter.com/SgcqSTSqux
— Crypto.com (@cryptocom) November 14, 2023

In practice, Crypto.com’s Dubai entity, CRO DAX Middle East FZE, was granted such a license directly from the Dubai Virtual Asset Regulatory Authority (VARA).
Specifically, the crypto-exchange will be able to s

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We współpracy z: https://en.cryptonomist.ch/2023/11/14/crypto-com-dubai-vasp-license/

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